$1,450,000
00 PAUL DRIVE
Beds
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Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Great development opportunity right in town and on highway 511. 250 foot well onsite offering 160 gallons/ min flow. 2 pins sold together surround a school with residential zoning. Consider a small footprint Newterra waste system to increase the density potential. Other similar installations in the area. Latest govt programs may optimize a multi family community. (id:65958)
- Subtype
- Vacant Land
- Community
- 919 - Lanark Highlands (Lanark Village)
- Living area
- 27
- Lot size
- 27 acres
- Lot dimensions
- 27
- On market
- Sep 29, 2025
- Status changed
- Apr 17, 2026
- Annual tax
- $1,035 (2025)
- Zoning
- R1
- Photos
- 8
- MLS#
- X12431282
- Area
- LANARK_HIGHLANDS
Cash on cash
-11.53%
Cap rate
3.58%
GRM
16.7
Break-even rent
$10,183
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Lanark Highlands. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.